I’m aware of this happening once previously last summer, but thought it was a one time accident.

You Might Not Live for FreeMany first-time house hackers expect that their rental income will fully cover their mortgage, but that’s not always the case.

Last time I checked, the prices did go up.

Quote from @Marembo Alexandre: One property at a time.

You've done well with your Class A rental, generating $500/mo in cash flow, this adds up over time.

Now, it's time to file a civil lawsuit as they committed a crime.

I’m having a hard time reconciling your title and what you’re actually saying in your post.

I come across SFR in other states from time to time direct to seller. 

One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.

The downside is the cost/time to move everything to storage.3.